(UPDATE) BEIJING — China on Friday cautioned that Taiwan's leadership was pushing the self-ruled island into "a perilous situation of war and danger," as Beijing held military drills around the territory.

"Since taking office, the leader of the Taiwan region has seriously challenged the one-China principle ... pushing our compatriots in Taiwan into a perilous situation of war and danger," Beijing's defense ministry spokesman Wu Qian said in a statement.

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